Polaris Industries Inc. will be supporting the Evergreen Bank Group, a bank chartered in Illinois and headquartered in Oakbrook, in starting a lending division.
Performance Finance, as it is known, is focused on the financing of Slingshot and Polaris motorcycle products. Residents of Oakbrook Terrace will want to take advantage of these new services located so close to their community.
The lending division, FreedomRoad Financial, of Evergreen Bank Group already is a national lender to the motorsports industry. The lending program of Performance Finance will be offered only to customers of Polaris through those who sell Slingshot vehicles and Victory and Indian motorcycles.
The several new services that will be offered to these Polaris dealers will include dedicated dealer training, expedited funding using electronic formats of documents, and aggressive finance offerings.
President and Chief Executive Officer of Evergreen, Darin Campbell, commented that the financing expertise of his bank, combined with the leadership of Polaris in the powersports industry, should lead to many profitable years.
According to the Executive Vice President of Finance and Chief Financial Officer of Polaris, Mike Speetzen, his company is looking forward to this new relationship with the expectation that Performance Finance will provide it with a real competitive advantage.
The Evergreen Bank Group might benefit from printing Brochures about this new division and its services for dealers, who can then further promote them to their customers.
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